HDR hardman resources limited

independant valuation will be interesting, page-3

  1. 211 Posts.
    re: lets sack rober carroll

    three other points...

    * the Tullow share offer component is derisory as only half Hardman shares will be able to take part - its not about 1:5 - its close to 1:10. You can't even swap smoothly into a better managed company - and Tullow is better managed.

    * the deal was signed a day or so after a two or three year low in Hardman shares - was this board panicking? Is that why the deal is so cr*ppy and so in Tullow's favour?

    * Lets hope some more enterprenurail Aussie fund, wealthy investors, maybe even ROC oil - come up with something to challenge Tullow - I have never seen such a shallow, craven sellout of shareholder interests as this.
 
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